Career
He is also a partner in Innodo, a seed investment fund. Margalit is on the boards of Idealist.org, Latet, College4all.org, Meet.mit.edu, Adama.org.il and SpaceIL.com Margalit was raised in Bat Yam, a suburb of Tel Aviv. As a teenager, he was interested in the emerging discipline of computer science.
Aladdin Knowledge Systems In 1985, Margalit founded Aladdin Knowledge Systems Limited.
In its early years the company developed two product lines, an artificial intelligence package (which was dropped early on) and a hardware product to prevent unauthorized software copying, similar to digital rights management. Margalit raised just $10,000 as an initial capital for the company.
The digital rights management product by 1993 generated sales of $4,000,000. The same year that company had an initial public offering on National Association of Securities Dealers Automated Quotation raising $7,900,000.
In 1996 Aladdin has acquired FAST software Security in Germany and in 1998 Aladdin acquired ESafe Technologies.
In 2004 the company"s shares were also listed on the Tel Aviv Stock Exchange. In 2006 Aladdin acquired California based Preview Systems and in 2008 Aladdin acquired SafeWord. By 2008 the company"s annual revenues reached over $125 million.
In mid-2008, Vector Capital attempted to purchase Aladdin.
In March 2009, with close to $150M in sales, Vector Capital acquired Aladdin and officially merged it with SafeNet. CheckPoint Software Technologies When they were still a startup, CheckPoint Software Technologies offered Margalit half of the company for $200,000.
He refused the offer and often regards it as his biggest regret in life, considering the market cap of CheckPoint is $12,000,000,000 as of 2014.
